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This survey is being held to gain more knowledge in the field of entrepreneurship by connecting with

small business owners/Entrepreneurs. You are requested to fill in the form. Thank you for your time.

Name____
Gender:___
Contact Information____
Rural/Urban
Level of Education:___
Previous Degree:___
Family Business: Yes/No___
Previous Entrepreneurial Experience:___
Any close relative doing business
Any blood relative helping or supporting in Business___
Nature of Entrepreneurial Venture.
Service __________
Manufacturing__________
No of Employees___
Yearly Income__
Year Profit___
Initial Investment___
Have you borrowed capital? If Yes the how much???__

TABLE 1.1 Mike Haynie’s “Measure of Adaptive Cognition”

How Cognitively Flexible Are You? On a scale of 1 to 10, where 1 is “not very much like me”
And 10 is “very much like me,” how do you rate yourself on the following statements?
Goal Orientation
 I often define goals for myself. 1 2 3 4 5 6 7 8 9 10
 I understand how accomplishment of a task relates to my goals. 1 2 3 4 5 6 7 8 9 10
 I set specific goals before I begin a task. 1 2 3 4 5 6 7 8 9 10
 I ask myself how well I’ve accomplished my goals once I’ve finished. 1 2 3 4 5 6 7 8 9 10
 When performing a task, I frequently assess my progress against my 1 2 3 4 5 6 7 8 9 10
objectives.

Metacognitive Knowledge
 I think of several ways to solve a problem and choose the best one 1 2 3 4 5 6 7 8 9 10
 I challenge my own assumptions about a task before I begin. 1 2 3 4 5 6 7 8 9 10
 I think about how others may react to my actions. 1 2 3 4 5 6 7 8 9 10
 I find myself automatically employing strategies that have worked in the 1 2 3 4 5 6 7 8 9 10
past.
 I perform best when I already much have knowledge of the task. 1 2 3 4 5 6 7 8 9 10
 I create my own examples to make information more meaningful. 1 2 3 4 5 6 7 8 9 10
 I try to use strategies that have worked in the past. 1 2 3 4 5 6 7 8 9 10
 I ask myself questions about the task before I begin. 1 2 3 4 5 6 7 8 9 10
 I try to translate new information into my own words. 1 2 3 4 5 6 7 8 9 10
 I try to break problems down into smaller components. 1 2 3 4 5 6 7 8 9 10
 I focus on the meaning and significance of new information. 1 2 3 4 5 6 7 8 9 10
Metacognitive Experience
 I think about what I really need to accomplish before I begin a task. 1 2 3 4 5 6 7 8 9 10
 I use different strategies depending on the situation. 1 2 3 4 5 6 7 8 9 10
 I organize my time to best accomplish my goals. 1 2 3 4 5 6 7 8 9 10
 I am good at organizing information. 1 2 3 4 5 6 7 8 9 10
 I know what kind of information is most important to consider when 1 2 3 4 5 6 7 8 9 10
faced with a problem.
 I consciously focus my attention on important information. 1 2 3 4 5 6 7 8 9 10
 My ”gut” tells me when a given strategy I use will be most effective. 1 2 3 4 5 6 7 8 9 10
 I depend on my intuition to help me formulate strategies. 1 2 3 4 5 6 7 8 9 10

Metacognitive Choice
 I ask myself if I have considered all the options when solving a problem. 1 2 3 4 5 6 7 8 9 10
 I ask myself if there was an easier way to do things after I finish a task. 1 2 3 4 5 6 7 8 9 10
 I ask myself if I have considered all the options after I solve a problem. 1 2 3 4 5 6 7 8 9 10
 I re-evaluate my assumptions when I get confused. 1 2 3 4 5 6 7 8 9 10
 I ask myself if I have learned as much as I could have after I finish the task. 1 2 3 4 5 6 7 8 9 10

Monitoring
 I periodically review to help me understand important relationships. 12 3 4 5 6 7 8 9 10

 I stop and go back over information that is not clear. 1 2 3 4 5 6 7 8 9 10

 I am aware of what strategies I use when engaged in a given task. 1 2 3 4 5 6 7 8 9 10

 I find myself analyzing the usefulness of a given strategy while engaged in 1 2 3 4 5 6 7 8 9 10


a given task.
 I find myself pausing regularly to check my comprehension of the 1 2 3 4 5 6 7 8 9 10
problem or situation at hand.

 I ask myself questions about how well I am doing while I am performing a 1 2 3 4 5 6 7 8 9 10


novel task. I stop and re-read when I get confused.
TABLE 2.2 Scale to Capture How Entrepreneurially a Firm Is Managed

Strategic Orientation
As we define our strategies, our major 1 2 3 4 5 6 7 8 9 10. We are not constrained by the resources at (or
concern is how to best utilize the sources we not at) hand
control.
We limit the opportunities we pursue 1 2 3 4 5 6 7 8 9 10. Our fundamental task is to pursue
On the basis of our current resources. opportunities we perceive as valuable and then
to acquire the resources to exploit them
The resources we have significantly 1 2 3 4 5 6 7 8 9 10. Opportunities control our business strategies
Influence our business strategies. .

Resource Orientation
Since our objective is to use our resources, 1 2 3 4 5 6 7 8 9 10 Since we do not need resources to
we will usually invest heavily and rapidly. commence the pursuit of an opportunity, our
commitment of resources may be in stages
We prefer to totally control and own the 1 2 3 4 5 6 7 8 9 10 All we need from resources is the ability to use
resources we use. them.
We prefer to use only our own resources in 1 2 3 4 5 6 7 8 9 10 We like to employ resources that we borrow or
our ventures. rent.
In exploiting opportunities, access to money 1 2 3 4 5 6 7 8 9 10 In exploiting opportunities, having the idea is
is more important than just having the idea. more important than just having the money.

Management Structure
We prefer tight control of funds and 1 2 3 4 5 6 7 8 9 10 We prefer loose, informal control. There is a
operations by means of sophisticated dependence on informal relations.
control and information systems.
We strongly emphasize getting things done 1 2 3 4 5 6 7 8 9 10 We strongly emphasize getting things done even
by following formal processes and if this means disregarding formal procedures.
procedures.
We strongly emphasize holding to tried and 1 2 3 4 5 6 7 8 9 10 We strongly emphasize adapting freely to
true management principles and industry Changing circumstances without much concern
norms. for past practices.
There is a strong insistence on a uniform 1 2 3 4 5 6 7 8 9 10 Managers’ operating styles are allowed to range
management style throughout the firm. freely from very formal to very informal.

There is a strong emphasis on getting line 1 2 3 4 5 6 7 8 9 10 There is a strong tendency to let the
and staff personnel to adhere closely to requirements of the situation and the
their formal job descriptions. personality of the individual dictate proper job
behavior.

Reward Philosophy
Our employees are evaluated and 1 2 3 4 5 6 7 8 9 10 Our employees are evaluated and
compensated based on their responsibilities. compensated based on the value they add to
the firm
Our employees are usually rewarded by 1 2 3 4 5 6 7 8 9 10 We try to compensate our employees by
promotion and annual raises. devising ways that they can benefit from the
increased value of the firm.
An employee’s standing is based on the 1 2 3 4 5 6 7 8 9 10 An employee’s standing is based on the value
amount of responsibility he/she has. he/she adds.

Growth Orientation
Growth is not necessarily our top objective. 12 3 4 5 6 7 8 9 10 It is generally known throughout the firm that
Long-term survival may be at least as growth is our top objective
important.
It is generally known throughout the firm 1 2 3 4 5 6 7 8 9 10 It is generally known throughout the firm that
that steady and sure growth is the best way our intention is to grow as big and as fast as
to expand possible.

Entrepreneurial Culture
It is difficult to find a sufficient number of 1 2 3 4 5 6 7 8 9 10 We have many more promising ideas than we
promising ideas to utilize all of our have time and resources to pursue.
resources.
Changes in the society-at-large seldom lead 1 2 3 4 5 6 7 8 9 10 Changes in the society-at-large often give us
to commercially promising ideas for our ideas for new products and services.
firm.
It is difficult for our firm to find ideas that 1 2 3 4 5 6 7 8 9 10 We never experience a lack of ideas
can be converted into profitable that we can convert into profitable
products/services products/services

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